EASTMAN CHEMICAL CO (EMN) Form 8-K — Oct 29, 2026
Eastman Chemical (NYSE: EMN) reported Q3 2026 sales of $2,385 million, up 8% year-over-year, with adjusted EPS of $1.84 versus $1.14 in the prior-year quarter. EBIT more than doubled to $305 million from $210 million adjusted, driven by higher selling prices and improved asset utilization across segments. The company reinstated a $375 million U.S. Department of Energy award supporting its circular platform scale-up and is on track to deliver $125-150 million of cost savings in 2026, net of inflation.
Key figures
- Eps
- 2.19
- Eps Beat
- 0
- Revenue
- 2385000000
- Guidance
- Full-year 2026 adjusted EPS of $6.00-$6.20 and operating cash flow of approximately $850 million
- Net Income
- 252000000
- Total Debt
- 5218000000
- Revenue Yoy
- 8%
- Cash Position
- 768000000
- Shares Outstanding
- 114400000
- Ebit q3
- 305000000
- Net debt
- 4450000000
- Adjusted eps q3
- 1.84
- Adjusted ebit q3
- 305000000
- Dividends paid q3
- 96000000
- Cost savings target
- $125-150 million net of inflation in 2026
- Doe award reinstated
- 375000000
- Operating cash flow 9m
- 377000000
- Operating cash flow q3
- 290000000
- Adjusted eps prior year q3
- 1.14
- Adjusted ebit prior year q3
- 210000000
- Fy2026 adjusted eps guidance
- $6.00-$6.20
- Selling price increases 2026
- ~$500 million
- Operating cash flow prior year q3
- 402000000
- Fy2026 operating cash flow guidance
- ~$850 million
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.